Geodrill Limited (OTCMKTS:GEODF) Sees Large Decrease in Short Interest

Geodrill Limited (OTCMKTS:GEODF) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 200 shares, a drop of 97.4% from the January 31st total of 7,600 shares. Based on an average trading volume of 30,600 shares, the short-interest ratio is presently 0.0 days.

Geodrill Price Performance

GEODF stock traded up $0.02 during midday trading on Thursday, reaching $2.18. The stock had a trading volume of 6,585 shares, compared to its average volume of 18,297. Geodrill has a twelve month low of $1.19 and a twelve month high of $2.31. The business has a fifty day simple moving average of $2.16 and a two-hundred day simple moving average of $2.06.

About Geodrill

Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to mining companies in West Africa, Egypt, Chile, and Peru. It offers reverse circulation, core, air-core, deep directional Navi, water borehole, underground, and horizontal drilling services, as well as reverse circulation and reverse circulation grade control.